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Is Zcash legal in Ukraine?

Legal to own; the new licensing and tax framework is still pending.

Owning ZECLegal
Local exchangesLimited
National ruleNo specific rule on privacy coins
RegulatorNational Securities and Stock Market Commission (NSSMC); Ministry of Digital Transformation
Last reviewed25 October 2026

The legal situation in Ukraine

Ukraine adopted a Law on Virtual Assets in 2022, but its new licensing and tax bill had still not passed second reading by October 2026. We found no privacy-coin-specific rule, and owning ZEC is legal.

Key facts

  • 2022-02-17: The Verkhovna Rada adopted the Law on Virtual Assets (bill 3637), assigning regulation to the NSSMC and National Bank.
  • 2025-09-03: The Verkhovna Rada adopted a new virtual assets bill (No. 10225-d) on licensing and taxation in first reading.
  • 2026-10-20: The bill had still not passed second reading, despite an IMF-programme target of end-September 2026.

What this means for you

Owning Zcash and keeping it in your own wallet is legal as far as we could find. Pick a wallet from our best Zcash wallets list, read how to buy Zcash, and keep records for tax.

Sources

aub.org.ua, en.interfax.com.ua, finance.liga.net.

Sources are listed by publisher so you can look them up yourself; we do not link out.

General information, not legal or tax advice. Check the regulator's own website before acting.

Frequently asked questions

Is Zcash legal in Ukraine?

Legal to own; the new licensing and tax framework is still pending.

Can I buy Zcash on a local exchange in Ukraine?

Only in limited ways: few or no licensed local exchanges list ZEC.